Orissa Bengal Carrier Balance Sheet Health
Financial Health criteria checks 4/6
Orissa Bengal Carrier has a total shareholder equity of ₹916.3M and total debt of ₹396.1M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are ₹1.5B and ₹542.6M respectively. Orissa Bengal Carrier's EBIT is ₹21.1M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹20.9M.
Key information
43.2%
Debt to equity ratio
₹396.15m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹20.93m |
| Equity | ₹916.25m |
| Total liabilities | ₹542.57m |
| Total assets | ₹1.46b |
Recent financial health updates
Recent updates
Is Orissa Bengal Carrier (NSE:OBCL) Using Too Much Debt?
Jun 05
Some Confidence Is Lacking In Orissa Bengal Carrier Limited (NSE:OBCL) As Shares Slide 27%
Mar 28Orissa Bengal Carrier (NSE:OBCL) Is Reinvesting At Lower Rates Of Return
Mar 14Orissa Bengal Carrier Limited (NSE:OBCL) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 02Orissa Bengal Carrier (NSE:OBCL) Could Be Struggling To Allocate Capital
Dec 07Orissa Bengal Carrier's (NSE:OBCL) Returns On Capital Not Reflecting Well On The Business
Aug 10Orissa Bengal Carrier's (NSE:OBCL) Solid Earnings Have Been Accounted For Conservatively
Jun 07Orissa Bengal Carrier Limited's (NSE:OBCL) Share Price Could Signal Some Risk
May 13Financial Position Analysis
Short Term Liabilities: OBCL's short term assets (₹994.6M) exceed its short term liabilities (₹364.3M).
Long Term Liabilities: OBCL's short term assets (₹994.6M) exceed its long term liabilities (₹178.3M).
Debt to Equity History and Analysis
Debt Level: OBCL's net debt to equity ratio (41%) is considered high.
Reducing Debt: OBCL's debt to equity ratio has reduced from 43.9% to 43.2% over the past 5 years.
Debt Coverage: OBCL's debt is well covered by operating cash flow (24.4%).
Interest Coverage: OBCL's interest payments on its debt are not well covered by EBIT (2.3x coverage).